KLN Enterprises, Inc.

Perham, MN ManufacturingNAICS 311900

Self-funded health planPlan year 2025Renews January
888Participants+4% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#49 of 78Manufacturing in MNBy participants

Overview

KLN Enterprises, Inc. sponsors a self-funded health plan that covered 888 participants in plan year 2025, up 4% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
888 · prior year 854
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
KLN Enterprises Employee Benefit Plan, plan 501 (888 participants); KLN Enterprises, Inc. Medical Reimbursement Plan, plan 502 (104 participants)
Broker compensation
$52K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Accidental Death & Dismemberment, Short-term disability, Long-term disability, Accident, Critical Illness, Hospital Indemnity856$538K$46K
Humana Insurance CompanyVision422$48K$6K

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$2.1M/ year

Estimated prescription spend: 888 participants × $2,371 national average per member. Usually higher once dependents are counted.

$55K–$135K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$23K–$49K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
KLN Enterprises, Inc.
Sponsor EIN
41-1817696
Plan numbers
501, 502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-1817696 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
K.l.n. Enterprises, Inc. 401k Salary Reduction Plan & Trust
Type
401(k) plan
Participants
1,028

About this data

Source: KLN Enterprises, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with KLN Enterprises, Inc..

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